Answer:
The correct answer to the following question is option A) Identifying - Recording - Communicating .
Explanation:
An accounting process can be defined as series of activities which begins with identifying a transaction and ends with books closed. This process is also called accounting cycle because this process is done every financial reporting period. Here the first step would be to identify a transaction, then getting source document of transaction ready, after that classifying the transaction , then recording it by making journal entries, which would then lead to preparation of ledger, trial balance and other financial statements etc.
Based on accounting principles, the correct amount for total lease expense in 2019 is<u> $17,000.</u>
<h3>Why is this the correct amount?</h3>
Accounting principles state that lease payments must be recorded as an equal amount over the years of the lease.
The total lease payment is:
= 20,000 + 18,000 + 16,000 + 14,000
= $68,000
Annual payment is:
= 68,000 / 4
= $17,000
Find out more on lease payments at brainly.com/question/5563107.
Firms do create goods. Categories of manufacturing costs include direct labor, direct materials and manufacturing overhead.
<h3>What are manufacturing costs?</h3>
Manufacturing costs is grouped into materials, labor, and overhead. They are kinds of direct costs.
Manufacturing cost is known to be the amount of costs of all resources taken into the process of creating a product. The manufacturing cost is grouped into three categories called: direct materials cost, direct labor cost and manufacturing overhead.
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Answer: Decision tree
Explanation: A support tool that uses a tree like model for decision making by evaluating the possible consequences by taking into consideration chance event outcomes, resource cost and utility. Largely used in non parametric effective machine, it is a learning modelling technique for regression and classification problems.
